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Two speculative trading firms opened new RGGI CO2 Allowance Tracking System (COATS) accounts on Thursday, with data showing an uptick in financials registering in the Northeast US cap-and-trade system.

The expansion of drylands is leaving entire countries facing famine. It’s time to change the way we think about agriculture

• David R Montgomery is professor of geomorphology at the University of Washington, and author of Dirt: The Erosion of Civilizations and Growing a Revolution: Bringing Our Soil Back to Life

This summer’s record-setting heatwaves and dramatic fires in southern Europe and the American west were stark reminders that the climate crisis has arrived. But as the world warms, there is also a quieter, lesser-known crisis unfolding underfoot. Desertification, long seen primarily as a threat to developing nations, is coming for Europe and North America too, as worsening droughts bake soils already degraded by conventional farming and grazing practices.

In Spain, for example, about a fifth of all land is now at high risk of desertification, as is much of the agricultural land across Italy, Greece, and western North America.

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EUAs stabilised in early Thursday trading after reaching a new record on Wednesday. Prices were supported by healthy bidding and the lack of any auction supply.

*PREMIUM LISTING – Nexus seeks a Carbon Development Technician to manage and execute the development of carbon projects. Working closely with the technical team the candidate will develop carbon projects from beginning to end. Additionally, the candidate will ideally take an interest in and contribute to project and strategy development.

How does a train come to plough through a wind turbine blade on a lazy Sunday in Texas? Watch and see.

The post Train ploughs through massive wind turbine blade in Texas appeared first on RenewEconomy.

The EU ETS continues to function properly as allowance prices hit record levels above €60 this week, a senior European Commission official said on Thursday in comments that suggest little appetite from Brussels to attempt dampen this year’s massive EUA rally.

It’s media malpractice not to mention that burning fossil fuels drives extreme weather events like Hurricane Ida

The climate emergency is exploding in various parts of the world this week, but climate silence inexcusably continues to reign in much of the United States media.

Hurricane Ida has left more than a million people in Louisiana without running water, electricity, or air conditioning amid a heat index topping 100F. The Caldor fire destroyed hundreds of houses and forced mass evacuations around Lake Tahoe in California. Abroad, vast swaths of Siberia were ablaze while drought-parched Madagascar suffered what a United Nations official called the first famine caused entirely by climate change.

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Australia’s Northern Territory (NT) this week outlined policy proposals set to drive additional offset demand as new and expanding large projects would be made to align with the government's 2050 net zero emissions target.

New Zealand carbon allowances rose another 0.8% in Thursday trade, showing no signs of retreat even after gaining more than NZ$7 after Wednesday’s auction.

Seascapes is a series of photographs made by Paul Rousteau while artist-in-residence on a boat in Australia’s Coral Sea. Inspired by the beauty around him, Rousteau took to the darkroom to invent images of his own to bring out the barest constituent elements of the landscape

• Seascapes by Paul Rousteau is published by Loose Joints

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Details of key energy policy decisions could remain secret, as the Morrison government moves to protect National Cabinet deliberations from transparency laws.

The post Morrison government moves to strengthen secrecy around energy ministers meetings appeared first on RenewEconomy.

Meet the parma wallaby: for decades it was presumed extinct, until it turned up in New Zealand. Today, its failure to charm Australians may have doomed it – for good. Elliott Dooley, PhD Candidate, University of Newcastle Matt Hayward, Professor of Conservation Science, University of Newcastle Licensed as Creative Commons – attribution, no derivatives.

A rare encounter was caught on video at Puerto Madryn, Argentina when a southern rIght whale seemingly plays with a woman on a paddleboard and pushes the board gently forward, observing its movement as it swims directly beneath it.

"They are rare moments, it is something that is prohibited," said Oscar Comes, a local water-sports tourism operator. "It isn't like you can go in a kayak, standup board, a boat, or whatever, to look for the animal."

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Join a panel of leading experts to discuss Australia's new energy market in the first webinar of the Energy Transformed series.

The post Webinar: NEM Reforms – Who rules the market? appeared first on RenewEconomy.

'Whether Canberra likes it or not, we've got to crack on with it', Kean signals states could leave Morrison government behind in transition to clean energy.

The post Kean says states may carve own path on energy transition, flags talks with coal owners appeared first on RenewEconomy.

New report says failure of leadership by Australian governments has left country ill-prepared for the security implications of devastating climate impacts.

The post “Missing in action:” Former defence chief says Australia failing on climate change appeared first on RenewEconomy.

Sometimes when I go to Bunnings there are sparrows inside there

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Angus Taylor introduces legislation to allow offshore wind projects, a move that is likely to kickstart several multi-gigawatt scale projects.

The post Offshore wind set for take off in Australia as legislation tabled in parliament appeared first on RenewEconomy.

An angry starling and a lounging bear were also among the competition finalists.

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